Orange (OTCMKTS:ORANY) Stock Rating Cut to “Strong Sell” at Zacks Research

Orange (OTCMKTS:ORANY) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Monday, Zacks reports.

Several other equities analysts have also recently issued reports on the company. Kepler Capital Markets upgraded Orange from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 8th. Morgan Stanley cut shares of Orange to an “underweight” rating in a research note on Friday, September 18th. Santander upgraded Orange to an “outperform” rating in a research report on Thursday, September 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Orange in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Orange Stock Performance

ORANY opened at $15.57 on Monday. The company has a quick ratio of 0.84, a current ratio of 0.87 and a debt-to-equity ratio of 1.21. Orange has a twelve month low of $15.28 and a twelve month high of $21.85. The business’s 50 day moving average is $17.46 and its 200-day moving average is $19.13.

Orange Company Profile

Orange SA is a France-based telecommunications company that provides mobile and fixed-line communications services to consumers, businesses and other telecommunications operators. Its offerings include mobile voice and data, broadband internet, fixed-line telephony, television and related digital services. The company also provides wholesale network access and connectivity services.

Through its Orange Business division, the company serves corporate and public-sector customers with services such as communications, cloud computing, cybersecurity, information technology integration and data connectivity.